Michael and Karen Schley Foundation
Preselected recipients only
Michael and Karen Schley Foundation is a private foundation in Raleigh, North Carolina. In tax year 2024 it gave $285,900 in 8 grants; the typical grant was $12,200 and the largest $102,500. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$285,900
- Number of grants8
- Typical grant$12,200
- Largest grant$102,500
- Assets$7.2 million
- New grantees38%
Giving in 2024 was up from $219,300 the year before.
38% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $219,300 | 7 | $6.5 million |
| 2024 | $285,900 | 8 | $7.2 million |
How to apply
Michael and Karen Schley Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Michael and Karen Schley Foundation funds
Where it gives
Its US grants went to recipients in 3 states, the most to North Carolina. It also paid $80,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 4 | $175,900 |
| Texas | 2 | $20,000 |
| Michigan | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| NC Justice Center | To eliminte poverty in north carolina by ensuring that every household in the state has access to the resources, services, and fair treatment it needs to achieve economic security. | $102,500 |
| Kongoni Network Community Based Organization | Improving computer and reading skills in kenya primary and secondary schools and for construction of the kongoni community library. | $80,000 |
| North Raleigh Ministries Inc | Provide emergency assistance to residents in north raleigh experiencing crisis and needing help with essential human needs. | $55,000 |
| Millbrook Magnet High School PTSA | Fund scholarships to deserving students to go to wake tech community college | $14,400 |
| Faith Ministry | To build houses, sponsor children, meet spirtitual and medical needs, and provide a community of fellowship. | $10,000 |
| Hope College | Educating students for lives of leadership and service in a global society. | $10,000 |
| The Ifma Foundation | Promoting education for the facility management profession around the world and making fm a career of choice. | $10,000 |
| Saint Andrews Presbyterian Church | Joining together as a community to serve the most vulnerable. | $4,000 |
Officers and trustees
- Michael Schley
- Karen Schley
Questions people ask
Does Michael and Karen Schley Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Michael and Karen Schley Foundation give?
$285,900 in tax year 2024, across 8 grants, with a typical grant of $12,200.
Who runs Michael and Karen Schley Foundation?
Its 2024 filing lists Michael Schley (Director) and Karen Schley (Director).
What does Michael and Karen Schley Foundation fund?
Based on its grants, mainly human services, education and international.